Whenever a business takes on a higher-risk project, it is always hoping for higher rewards. Based on the riskier projects that Total (NYSE:TOT) has taken on recently, the company must be expecting big rewards. Not only is it trying to navigate the murky political waters of shale drilling in Europe, but it is also trying to explore some parts of the world where estimates for oil and gas are few and far between.
Also, Total has shown it to be one of the more innovative thinkers compared to its other integrated major peers. It owns 66% of U.S. solar panel manufacturer SunPower (NASDAQ:SPWR) and is partnering with several major European airline companies to develop next-generation jet fuels. Tune in to the video conversation below where Fool.com contributors Tyler Crowe and Aimee Duffy take a look at more of Total's risky bets.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter @TMFDuffy and @TylerCroweFool, respectively.
The Motley Fool recommends Petroleo Brasileiro S.A. (ADR) and Total SA. (ADR). The Motley Fool owns shares of Solazyme. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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